Required Recipient definition
Required Recipient shall have the meaning assigned thereto in Section 3(a) hereof.
Required Recipient means each of the persons listed as a “Required Recipient” in the fifth column of the conditions precedent table set out in schedule 2 (Conditions Precedent) of the Conditions Precedent and Escrow Agreement;
Required Recipient has the meaning set forth in Section 3(c)(i) hereof.
Examples of Required Recipient in a sentence
Seller has delivered to each Required Recipient each Required Delivery Item by the related Required Delivery Time.
The Administrator shall perform all Administrative Services, other than Legally Required Recipient Actions (as defined below), in such a manner as to minimize the involvement of the Recipient and its Affiliates.
Required Recipient shall provide Automobile Liability Insurance covering Recipient’s business use including coverage for all owned, non-owned, or hired vehicles with a combined single limit of not less than $1,000,000.00 for bodily injury and property damage.